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20121129
20121207
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NBC
Dec 1, 2012 5:00am PST
to the looming fiscal cliff. the democrats and the republicans still drawing battle lines today with the deadline for a deal drawing ever closer. mike, good morning. >> reporter: good morning, erica. here we are december 1st and exactly one month we have to go if they can get a deal to avoid going over the fiscal cliff. everybody says it's going to be an economic catastrophe if we do. an average of $2,200 in extra taxes next year for the average american family. the president has undergone a campaign style series of events. he's had ceos marching up and down the driveway here. he's got a twitter campaign. yesterday he was out in suburban philadelphia asking con stitch wa -- constituents to write in, call, do whatever they need to do to get in touch with those republicans in the house of representatives, try to get them to turn their votes. the president put his first proposal on capitol hill last week. it had $1.6 trillion in new revenues. about half of it coming from ending tax cuts for the wealthy, something that he campaigned on. there are about $600 billion in cuts in domestic programs like m
NBC
Nov 29, 2012 5:00am PST
that fiscal cliff or make sure we don't go other it. the latest on negotiations in a live report. >> reporter: and i'm bob redell. we've got one storm down, two more to go. what you need to know about the next 72 hours of impending rain. that story coming up. >>> welcome back, everyone. 5:41. top white house negotiators head to capitol hill today to continue talks about avoiding the fiscal cliff. tracie potts joins us live on capitol hill where the meetings will take place. good morning. >> reporter: good morning. one of the key players today will be the bay area's own nancy pelosi. the minority leader now on the house side, her job will be to try to not only come to some sort of agreement with the leadership, but then convince the rest of the democrats in the house that this is a good deal, but we are far from that right now. what's happening today, white house negotiators, tim geithner, the treasury secretary and the white house legislative chair coming here to capitol hill to work with pelosi, john boehner, mitch mcconnell and harry reid to try to get some understanding of what the white h
NBC
Nov 30, 2012 5:00am PST
. lawmakers are edging ever closer to that year-end fiscal cliff. today we'll get data on personal incomes and spending and manufacturing. the dow ended the day up 36 points to 13,021. the nasdaq up 20 to 3012. with one day left to go in november, the nasdaq and the s&p 500 are in the black for the month, but the dow is still in the red. >>> president obama today heads to pennsylvania to tour a toy factory outside philadelphia as he continues to push republicans to let the bush aera tax cuts expire for people who make more than $250,000 a year. tim geithner made the president's case yesterday meeting with the four congressional leaders on capitol hill. reports say the president's first salvo calls for tax increases, $50 billion in the infrastructure spending and the power to raise the debt ceiling without congressional approval. as you can imagine, guys, congress did not take very well to that, particularly on the republican side. but 31 days and counting here. >> here we go. >> the countdown is on. a lot of salty people on capitol hill. see if they can get this worked out before christmas
NBC
Nov 29, 2012 7:00am PST
. >>> treasury secretary tim geithner is holding talks about avoiding the year-end fiscal cliff of tax hikes and spending cuts. republicans are asking for more details from the white house about how president obama would curb the growth of benefit programs like medicare and medicaid. >>> the woman who could be nominated as the next secretary of state got a big show of support wednesday in the face of growing republican criticism. president obama called susan rice extraordinary and said he couldn't be more proud of the job she's done representing the u.s. at the united nations. and outgoing secretary of state hillary clinton said rice has done a great job. rice has been under fire, though, for her initial comments about the deadly september attack on the u.s. consulate in libya. >>> president obama welcomes election rival mitt romney to the white house today. they'll have a private lunch together. the president promised in his victory speech to meet with romney after their bitter campaign and consider his ideas for making government more efficient. >>> and yet another arrest this morning for
Search Results 0 to 3 of about 4